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Business · 5 hours ago

Ex-Chelsea Owner Abramovich Investigated by Cyprus Police

Ex-Chelsea Owner Abramovich Investigated by Cyprus Police

Brian Minkoff-London Pixels via Wikimedia Commons (CC-BY-SA-4.0)

Police in Cyprus have opened an investigation into the financial and tax affairs of former Chelsea owner Roman Abramovich. The move follows a recent BBC Panorama and Bureau of Investigative Journalism report alleging that accountants at Deloitte in Cyprus helped hide hundreds of millions in assets and avoid tax. Abramovich's lawyers say he denies concealing his fortune, while Deloitte insists it acts within the law.

Reported by BBC News · How we write briefs

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